Colombia · Story · Markets
Dollar strengthens against Colombian Peso amid oil price decline
The Colombian peso has weakened against the dollar due to falling oil prices and market volatility, impacting importers and exporters in the country.
Running story — the local press covered it again on 9 November 2026.
The story so far as of 9 November 2026
On 26 October, the Colombian peso weakened as the dollar rose, despite a decline in oil prices and U.S. bond yields. The dollar's appreciation was linked to geopolitical developments. On 9 November, the peso continued to weaken, with the dollar reaching COP 3,268.26, up by COP 30.43 from the previous day. This was amid a significant drop in oil prices, with Brent crude falling by 16% the previous week, marking its largest decline since the pandemic began.
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Coverage, day by day
- Markets
Dollar rises in Colombia amid oil price changes
Impact Importers and exporters in Colombia face currency volatility as the dollar rises against the peso.
Sources: La República ↗
- Markets
Dollar rises against Colombian peso amid market shifts
Impact Importers and borrowers in Colombia face higher costs as the peso weakens against the dollar.
Sources: La República ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.